v3.26.1
REVENUE RECOGNITION
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION

NOTE 14 – REVENUE RECOGNITION

 

The majority of the Company’s revenues come from interest income on financial instruments, including loans, leases, securities and derivatives, which are outside the scope of ASC 606. The Company’s services that fall within the scope of ASC 606 are presented with non-interest income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of ASC 606 include service charges and fees on deposits, debit card income, investment referral income, insurance sales commissions and other non-interest income related to loans and deposits.

Except for gains or losses from the sale of other real estate owned, all of the Company’s revenue from contracts with customers within the scope of ASC 606 are recognized in non-interest income. The following table presents the Company’s sources of non-interest income for the three and six months ended June 30, 2026, and 2025.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2026

 

 

June 30, 2025

 

 

June 30, 2026

 

 

June 30, 2025

 

Non-interest income

 

 

 

 

 

 

 

 

 

 

 

 

Service charges and fees

 

$

2,414

 

 

$

2,177

 

 

$

4,907

 

 

$

4,241

 

Debit card income

 

 

3,391

 

 

 

3,052

 

 

 

6,508

 

 

 

5,556

 

Mortgage banking(a)

 

 

589

 

 

 

212

 

 

 

937

 

 

 

318

 

Increase in bank-owned life insurance(a)

 

 

1,623

 

 

 

1,321

 

 

 

3,021

 

 

 

4,914

 

Net gain (loss) from securities transactions(a)

 

 

(1,213

)

 

 

12

 

 

 

(1,321

)

 

 

24

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

Investment referral income

 

 

176

 

 

 

231

 

 

 

324

 

 

 

349

 

Trust income

 

 

574

 

 

 

466

 

 

 

1,116

 

 

 

923

 

Insurance sales commissions

 

 

98

 

 

 

168

 

 

 

310

 

 

 

205

 

Recovery on zero-basis purchased loans(a)

 

 

216

 

 

 

1

 

 

 

217

 

 

 

3

 

Income (loss) from equity method investments(a)

 

 

 

 

 

 

 

 

 

 

 

 

Other non-interest income related to loans
    and deposits

 

 

918

 

 

 

923

 

 

 

2,090

 

 

 

2,294

 

Other non-interest income not related to
    loans and deposits
(a)

 

 

(728

)

 

 

26

 

 

 

(564

)

 

 

92

 

Total other non-interest income

 

 

1,254

 

 

 

1,815

 

 

 

3,493

 

 

 

3,866

 

Total

 

$

8,058

 

 

$

8,589

 

 

$

17,545

 

 

$

18,919

 

(a) Not within the scope of ASC 606.